The World’s Largest PC Maker Is No Longer a Bargain - News Summed Up

The World’s Largest PC Maker Is No Longer a Bargain


Lenovo’s latest reboot seems to have worked pretty well after a yearslong crash. Investors should wonder how long it can last. The Chinese PC maker’s shares rose 12% Thursday, after it reported better-than-expected results for last quarter: operating profit more than double that of a year earlier, revenue up 8%. Since April the shares have gained 85%, leaving technology peers in the dust.


Source: Wall Street Journal February 21, 2019 09:45 UTC



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